1217 Mellen St Centralia, WA 98531-1175
This prime commercial building at 1217 Mellen Street in Centralia, WA, presents a fantastic investment opportunity. Situated on a 0.28-acre lot, the property boasts excellent visibility due to its location in a high-traffic area, making it ideal for attracting a substantial customer base. The building has undergone significant remodeling, including a fresh exterior paint job, enhancing its curb appeal and market value. The interior offers flexible unit options, allowing for customization to suit a variety of business needs. Whether you envision a retail space, office environment, or a mixed-use configuration, this property provides the adaptability to meet your specific requirements. The building's versatile layout and prominent location make it an exceptional choice for entrepreneurs seeking to establish a strong presence in a thriving community. The asking price is $749,900. This is a rare opportunity to acquire a well-maintained, highly visible commercial property in a desirable location. The adaptable space and prime location offer significant potential for long-term growth and profitability. Serious inquiries are encouraged to schedule a viewing and explore the possibilities this property offers. The square footage will need to be verified independently.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.